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Ajmera Realty inks SPA to divest 50% stake in Ajmera Luxe Realty

18 Jan 2024 Evaluate

Ajmera Realty & Infra India (ARIIL) has entered into a Share Purchase Agreement (SPA) with Keystone Realtors (KRL) to divest 50% equity shareholding in Ajmera Luxe Realty (ALRPL), a wholly owned subsidiary of ARIIL. Therefore, upon completion of the aforesaid transaction in terms of the SPA, ALRPL would cease to be a wholly owned subsidiary of the ARIIL. 

Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.


Ajmera Realty&Infra Share Price

117.20 1.30 (1.12%)
03-Sep-2026 11:57 View Price Chart
Peers
Company Name CMP
Lodha Developers 1231.00
Dilip Buildcon 401.70
Sobha 1261.15
Oberoi Realty 1903.30
Ahluwalia Contract(I 597.10
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